PTV CNSL Vietnam Market Review.
Week 48 from 27 November to 03 December 2017
#VietnamCNSL #CNSL #Cashewnutshellliquid #CNSO #ptvcnsl
CNSL Price kept stable for the whole week. The CNSL price was offered at $400 CIF Busan with the small quantity. Due to the cashew nut shell were exhausted, the new CNSL were produced at small quantity, CNSL exporters worried about the upcoming rise in CNSL price and were reluctant to offer with big quantity. Almost the CNSL exporters’ offers based on their own produced CNSL to fully cover the signed contracts. However, the CNSL price still had no support from buying force to jump up.
The shell residue kept on increasing due to the dramatically shortage. This confirmed for the fact that less quantity of CNSL were produced.